exploration agreement between the Philippines, China, and Vietnam may have also dimmed the prospect of a similar deal between Manila and Beijing.
He said the SC sets up parameters for any joint exploration that will be undertaken by other countries, and not just China. “But it’s just a parameter and it will now guide the potential joint exploration that is being discussed between the Philippines and China,” he also said. Gatchalian however said the Philippine will not be able to afford a solo exploration and that the government does not have the technical capability, nor the capital.
At the very least, she noted that this forces the government to proceed prudently by, among others, choosing its partners carefully. She said renewable energy is an essential part of the country’s low emissions development strategy and is vital to addressing the challenges of climate change, energy security, and access to energy.